Danone is steadily diversifying its business to meet the growing plant-based consumer demand.

In July 2016, the company announced that it would acquire WhiteWave Foods for about $12 billion. The transaction was completed in April 2017.

WhiteWave Foods is a Denver-based company that produces and sells plant-based and organic food.

To profit from this millennial trend of a growing preference for plant-based food and beverages, Danone is a great option.

Until next time,

Amber Lancaster

Director of Investment Research, Banyan Hill Publishing

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